Endomines: Volume growth supports exploration - Evli

Endomines’ Q3 production was fairly well in line with our estimates at 4,191 ounces (Evli est. 4,411 ounces). The company is in an ideal spot as the current production should finance the exploration efforts given the volumes and prevailing gold price. We increase our TP to EUR 8.1 (prev. EUR 7.3), while keeping rating at HOLD.

Länk till analysen i sin helhet: https://1764719.fs1.hubspotusercontent-na1.net/hubfs/1764719/ERP/Raportit/Endomines/Endomines%20241003%20Company%20update.pdf